Shares of Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 25,930 shares were traded during mid-day trading, an increase of 71% from the previous session's volume of 15,174 shares.The stock last traded at $239.75 and had previously closed at $237.80.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Hingham Institution for Savings from a "sell" rating to a "hold" rating in a report on Saturday, February 22nd.
Check Out Our Latest Stock Report on HIFS
Hingham Institution for Savings Price Performance
The business has a fifty day moving average price of $250.72 and a 200 day moving average price of $256.71. The company has a market cap of $484.47 million, a price-to-earnings ratio of 17.53 and a beta of 0.92. The company has a debt-to-equity ratio of 3.63, a quick ratio of 1.57 and a current ratio of 1.57.
Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) last posted its earnings results on Friday, January 17th. The savings and loans company reported $2.16 EPS for the quarter. Hingham Institution for Savings had a net margin of 12.97% and a return on equity of 2.95%.
Institutional Investors Weigh In On Hingham Institution for Savings
A number of hedge funds and other institutional investors have recently bought and sold shares of HIFS. Maren Capital LLC boosted its stake in shares of Hingham Institution for Savings by 3.0% during the fourth quarter. Maren Capital LLC now owns 167,730 shares of the savings and loans company's stock valued at $42,627,000 after purchasing an additional 4,843 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Hingham Institution for Savings by 3.7% during the 4th quarter. Vanguard Group Inc. now owns 104,161 shares of the savings and loans company's stock worth $26,471,000 after buying an additional 3,717 shares during the period. State Street Corp grew its position in shares of Hingham Institution for Savings by 40.1% in the 3rd quarter. State Street Corp now owns 52,434 shares of the savings and loans company's stock valued at $12,758,000 after buying an additional 15,000 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Hingham Institution for Savings by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 40,107 shares of the savings and loans company's stock valued at $10,196,000 after buying an additional 517 shares during the period. Finally, Aptus Capital Advisors LLC raised its position in shares of Hingham Institution for Savings by 21.8% during the fourth quarter. Aptus Capital Advisors LLC now owns 17,474 shares of the savings and loans company's stock worth $4,441,000 after acquiring an additional 3,127 shares during the last quarter. Institutional investors own 49.33% of the company's stock.
About Hingham Institution for Savings
(
Get Free Report)
Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.
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